Foundations Investment Advisors LLC grew its position in Fidelity Low Duration Bond Factor ETF (BATS:FLDR – Free Report) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,588 shares of the company’s stock after purchasing an additional 19,764 shares during the period. Foundations Investment Advisors LLC’s holdings in Fidelity Low Duration Bond Factor ETF were worth $8,318,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. AE Wealth Management LLC lifted its stake in shares of Fidelity Low Duration Bond Factor ETF by 7.8% in the 3rd quarter. AE Wealth Management LLC now owns 340,054 shares of the company’s stock valued at $17,071,000 after purchasing an additional 24,634 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at about $2,907,000. Meridian Wealth Management LLC acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 3rd quarter valued at about $2,213,000. Savvy Advisors Inc. acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at about $741,000. Finally, World Investment Advisors acquired a new position in shares of Fidelity Low Duration Bond Factor ETF in the 4th quarter valued at about $1,721,000.
Fidelity Low Duration Bond Factor ETF Stock Down 0.2%
BATS FLDR opened at $50.08 on Friday. Fidelity Low Duration Bond Factor ETF has a 1-year low of $49.02 and a 1-year high of $50.62. The business’s 50-day simple moving average is $50.13 and its 200-day simple moving average is $50.24.
Fidelity Low Duration Bond Factor ETF Company Profile
The Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year. FLDR was launched on Jun 12, 2018 and is managed by Fidelity.
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